COMMERCIAL.

Gisborne Times, Volume XXVII, Issue 2567, 30 July 1909, Page 4

COMMERCIAL.

• SELLING WOOL. United Pkess Association —Copyright LONDON, July 28. The Woolbro'kers’ Committee, with some selling brokers, on the invitation of the London Chamber of Commerce, considered a Proposal being drafted for discussion at the Empire Congress of the Chambers of Commerce in Sydney. The meeting approved of a continuance of the present system of an allowance of one pound per hundredweight, fearing that a change would be likely to lead to friction and increase claims for short weight. HOME MARKETS. ( Received Julv 29. 9.55 p.m.) LONDON, July 29. Wheat: Tlie American visible supply, is 12,143,000 bushels. A cargo of Australian sold at 43s Gd. Copper: Spot £SB 10s, three months' £59 7s 6d. Tin: Spot £132 15s, three months’ £134 2s Gd• THE HIDES MARKET. (Received July 29, 5.55 p.m.) MELBOURNE, July 29. Hides are in excellent demand; all classes are very firm. FROZEN MEAT. (Per Pretss Association! NAPIER, July 29. The Colonial Consignment- and Distributing Company, Ltd,, cabled the following report 7, “The frozen meat market continues demoralised by heavy stocks, and there is a- further fall in. values all round. To-day’® quotations are:—Mutton: Canterbury 2fd, Napier, Wellington and North Island 2&d ; lamb, first 'quality 3‘d to 3|d; beef, hind quarters 34d, forequarters 2gd.”